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India eyes duty concessions on EVs through bilateral FTAs, ruling out Across-the-Board cuts
The preference for FTAs arises from the challenge of implementing a uniform duty cut for all companies, making bilateral agreements more viable.Read more
Major companies vie for India's Green Hydrogen, Electrolyser incentives
20 firms, such as Reliance Industries, Adani Group, Jindal India, Larsen & Toubro, and Bharat Heavy Electricals, have presented bids for incentives related to the manufacturing of electrolysers, according to statements from the Solar Energy Corp of India.Read more
Turkey tightens grip on Chinese EV imports with stringent regulations
The Turkish Trade Ministry recently issued a decree stating that companies importing electric vehicles (EVs) must have a minimum of 140 authorised service stations evenly distributed across the country.Read more
India, EU navigate WTO dispute on ICT duties amid FTA negotiations
The EU has requested duty concessions from India on these goods, citing violations of global trade norms. However, India asserts that such concessions can only be discussed within the context of the free trade agreement (FTA).Read more
Chinese researchers predict circular economy in EV Batteries by 2059
According to scientists from the University of Mnster in Germany, China is expected to accomplish this milestone from 2059 onwards by recycling batteries to meet its primary lithium demand for electric vehicles.Read more
Honeywell Launches World’s First 100% Hydrogen-Capable Gas Meter
The Honeywell EI5 smart gas meter, which has been successfully piloted in the Netherlands, is part of a broader initiative to align with the region’s goals outlined in the European Green Deal.Read more
Dormer Pramet introduces Metal Cutting Tool Lineup for Indian Manufacturers
The unveiling includes an extensive range of cutting-edge milling, turning, drilling, and tapping tool holders, along with various collets and accessories.Read more
15 countries participates at CII EXCON at BIEC, Bengaluru
The Government of Karnataka is the Host State for EXCON 2023. The Ministry of Road Transport & Highways, The Ministry of Heavy Industries, Government of India and the National Highways Authority of India (NHAI) are supporting partners to the event. Read more
Royal Enfield opens eastern warehouse in Kolkata to supply streamlined parts
The Asia Pacific region plays a substantial role, contributing 20% to Royal Enfield's overall exports.Read more
India navigates green steel transition amidst European scrutiny
This move is anticipated to impact Indian steel exporters, particularly those reliant on environmentally damaging coking coal for furnace operation.Read more